AMEN Properties (OTCMKTS:AMEN) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

AMEN Properties, Inc. (OTCMKTS:AMENGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $505.64 and traded as low as $500.00. AMEN Properties shares last traded at $500.00, with a volume of 9 shares trading hands.

AMEN Properties Trading Down 3.8 %

The company has a 50-day moving average price of $509.16 and a 200-day moving average price of $505.64.

AMEN Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 23rd were given a dividend of $10.00 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $40.00 dividend on an annualized basis and a yield of 8.00%.

About AMEN Properties

(Get Free Report)

AMEN Properties, Inc owns oil and gas royalty and working interests in various oil and gas properties in the United States. It holds interests in oil gas and gas royalties through its ownership of SFF Royalty, LLC; and 100% interests in SFF Production, LLC. The company was formerly known as Crosswalk.com, Inc and changed its name to AMEN Properties, Inc in October 2002.

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